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<br /> 'I�O�E�R wmf�1�the in�mve�s riow«eere�ftn erocua«�the p�ap«cy.ma slt rasemcnts��:...-° .
<br /> . ' aod fixmces nor►r or ha+eafter s p�nt o[the p�vperty. Alt t+epi�oanatts�ed a4�tians sh�li aiso bc crn�ec��c:t'6��`
<br /> 'iratnpnene. ,Ali of�hc fo[�cgoi�g is refaKd w in�lds Sa�airy tq ehe"Fmpetty: - ::': `
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<br /> ` `BQRKOWFR COVENANfS that Raro�►a is�tiwfully at ihe estat�e htreby oonveyed aadt�s t9�e r4�6��4��
<br /> .w�d s�onv�y tAe Roperly aMi thu the Ptopeny is�s�ec�cum [or ennimhranoes of�vcara Basm=�cE w�u�and � —
<br /> . will de[end geeaaity the title W the Ptopeny ag7in.st a1t claims and dcinurds.aubject to any eacwn6r�a�r•cccs�.'4:.:"
<br /> THIS SF.CUR[fY INS'fRUlH�'t�FT coanbints unlfarm cor�cnutu far rotional use and pae-uai�m cca�aa�sts witb
<br /> + ' �tllilii�Y�i3ilOilS�fji�tC1[�IQ�Sfu!lt��lUllfdll!lSfCtitlljliflSfll�llICA1Ct]YCi10�t��tty
<br /> . ` �N�ORM�OVENAM�S. RO[iU1KtlIIIf�I.GK�C[COVpL�tlt��$f�34IDIlOMtS: �
<br /> — 1.. .fay�e�t d Piri�eipd a�d I�e�e�f;�'epaJwaN aM LNe Cl�r�es. 8amwer sAatt pc��a7s-:�i�t dne ttrc .
<br /> ; principat uf sud intarst oe thc debt evidmced by the Nae and an?P��Y�nt and latc c6arges dm:un�.�n tR�.*�.5;�.�
<br /> - — - 2. f�s for Ta�ss sd Iasearca Sabjxt ta a�plicabk la�or to a writun waiver by�Leod�:c.Bcxcc��i�!se.sbail pay to .
<br /> v t.eader on Me daY�Y PaYmeots ue due under•ttie l�toca.imt�l tt�e Nae is paid in fup,a sum(..f�i�"•P$�:(af yruly _
<br />�_;. tases and assessrt�us which may attun prioricy aver tld�StauitY tasuwna��as a liert�tOc�roperc7r;,�1+��A�Y�
<br /> - paymaRs ar-grouod rents oa tde Ropoct�;, if-�ny; (c3�]�Y �d°�ProP�nY insur�^�pc�iw�:fU."'A'�Y � .
<br /> insunnc;e piemiiuns.cf a�r.(e).yeariy mo�tg�c insunoce premium�.if any;and ifl a�su�Pu7�'+b�t��-Bortnvra to --
<br /> ' - Lender.in accard�n�ce with the p�avisiuos o�:p0r�8,raph i�:in Geu of d�e payment of moctg�ge iosurartae�s�►st�utss. Tf�ese
<br /> items are a11od°Esc�aw Items" I.eader may:�t�sjr tmie.colkct and lald Funds in an amaunc m�ttc+eaac�the rnuimum .
<br /> - .:;�`.5_ aaio�aic a tender for a feder3llY mlared martgag�[uan map requue for Soaower�esccavr xcoun�.nn�i.�a:the federal Rea! - --
<br /> Est�ce Settkrt�enc fl+nccdu�s Act of 1974 ag amended trom tiroe io tune.i2 U.S.C.§2601 ersey�f►6'.£5]�1"a�Tess aiatha�: __
<br /> , -.' taw d�at appties to the i'vnds sets a lessu amow�L lt so,I.eadec may.at any tirae.coliect and�hot�Fandt►ii��n amouni not to.. � ---
<br /> exca�tde ksser aawunG 1xQder amy,estimatt tAe acnoune o€Funds dne�We basis os�c�mr:an��and reawnable —__---
<br />;;.,•;;.::, �of espendiwces of future Esctox�.ttems or ottteta�i.se iu acoordance wifi appGcabie taw. ";i': ___—
<br /> The Funds shalt be i�eid�a�,iostitntiun wfiose depoeits arc insured by a fedecaL a�cacir,:ntsm�tiipentatity,or endty =_-
<br /> (includiag I,rnder,if i.ender is such suti ui�tiwtion)or m anY Federal Home La�n Banl�. Lendi.�e shafL'agpt.�r.tAe tbe �esccow —
<br /> - the Escrow Items. Lcuder mG►y.tbot c h�uge B a r r otiver for h o l d i ng a n d a p p l y i n g t h e C v n d s.a n n u a t l.?�.auu£�z i n g
<br /> - accoun*.,�or verifying.t�Esc�uw item�..u�ess LeRder pays Bu�mwer interest aa the l�md�and�ap�i�?bte taw Pemiits ==--.
<br /> L,eadec,to cnaYe such.a ct�arge. However.Lender may cequue Boaawer to pay a ane-teme c�ar�..f.cn�independent ceal �__�-
<br /> �l estate taat tepu�ttirtg serr'tce used by.[.ender in connecdon wit6 this Ioan.rm�ess applicabTe Iq�°gr:4idCs+ntfterwise. Unless an '�."`"
<br /> --"� s Interest to be paid.[.�er sh:�tinot be requiiuS G.�gur`B�tiawet aay interest or -. �.:i:=` --
<br /> , .�;.'� . agreement is�aade or applicnbleJaw requu+e �_. � �:, � ,�
<br /> �:•; 1` ea�ing,s�ontheFnnds. Soccuwerandl.etdermayagreeinRTitin�,haaever.that•intecesastinlUBe�uu�artheFunds. i.ender: ' ` "�
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<br /> �,. stTGll giVe�O,#30ttowet�W1�ShW1G ChBt$e.AtE aI�[IUaI eCCOUIItiU$of the F�mds.s6owing crediu�and•de��ta the F+snds and the '- ',
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<br /> ''.`���: � �uspose fas which each debft to the F�nd�was made. The Funds are pledged a�addiQanat.�c�icitryC�faa aib susns secureA Y - -- -
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<br /> i , , - this Secut'.�s�-.�i�.'f�ttt�ment�• .� .
<br /> �., `.a,. - [f ti��s hetd�by.l,ertdeneaceed the amoant�Pertnitted to be hetd by applii�a�Ur:i1�+M::1�xrtdeE sf�a11 accoont tu �� '�� -�"''�_
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<br />'::.,,�;�r��: • :.�t'. .•,`.- Boitowa for.�ezeess f�ttds in accard�cice with the requiremenis of appllcabt�luw: [f�dta amaort�06 itce Funds held 6y� , �_�
<br /> ,N �.,. L�ader at arty ti:�a i��:�`ficient to pay the Escrow Items when duo.Leadec muy•sm�natit���i3�srrtswer in�wcitin�,and.in �f 7;,,,�
<br /> >�., suchcase Socrower��a5,: to l.ender the amount necessary w maka up tha daficianag�: gdmoaer sltulU matce up the ``' ''�= '-
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<br /> ;.:::r �,-�- :.•�' '.`. � deficicacy.ennotnnretls'sr�:ttvehrem��nthlypayments.atL+ender'ssalcdiscretian, .". ;�c.�;�c�._1.�:,w.
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<br />, ,,•,':: .,,,��;.;� � Upon�►ymene in fuli of all sums secur�d by this Security Insm�merik t.eadtc simil�Prc�pB�re€uad�ta Borrower any •. �>�•.:.`�-- :�_-_
<br /> , � '' . • Funds hetd by Lender. IF,unde�parageph 21.Lender shall acquire ar sell tha Ptapett'}:Ccnder.phor to•the acquisition or . ;♦ _
<br /> '. - "��;`-:' 'sale of the Ptopetty.slmli'aAP�Y�y ��ds hetd by Lender at ihe tima of acquisivan�or sale a.s a cced'tG against the sums � .,��-
<br />: ,,.� - , secuned by this Securiry[n5aumea� '• :;�� • � :'�'�
<br />. � �:� �f� 3. Appticat�On�of�F�ymeni4. Untess applicabi� laiv pmvi�ies alherxir�a,•alU ppyments reCeived�by�'l.ender under .. �'� "
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<br /> ,;,,, � paragrapbs 1 and�2 shall�6a applied:first.to an re ayment charges due und�r tbo lUute;second.to amount�payabte under i j,':'� ;
<br /> 'r''�'a - Faragtagh':.�c:aird.to Intecrse du�:fourt,�to principai duc:and last;tn:3ny.latc churges duc undcr the Note. , r:., �
<br /> , �f:� i �s.����;..�, 4 p�ugee;.l.iaps. B orrower s l T a:i pay a i l t a x e s.a s s e ss►n�rns,ch u r ges�•tuces anQ im positions ataibutable to the � . ,. , __
<br /> - ' ,`�? � praperty ivhich may aitaice.pn.oaty uver this Security ir�.5irument�and�lcasehald'p�y:meats��enund rents.if arry. Borraw�zr
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<br /> ""';"` ' s�silt puy these obligutiaf�ra thv manncr provided in tr.�iz:gmph 2.or if naYpaid'ur tliax manaer.Lcirrower shail pay them on ��:;,':s�' •. :-y�r:,-
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<br /> ,�,,,.r,.;,._k. �ne dlreaty�o�ho pers�n.���.gd pt►yment. Borrowes�:Jl prompily iamishao�.cnder all ndtices of amounts Ga fae paid under ,,, �•��: .•:
<br /> •. � , r�t � lbis para�ph:� Ifl Boaa�a�.enakes these paymentc d'm-:��Y.Bnrtn►ver sbAlt�prampdy fum9sh to Leader recei�sr.w�videncia�S �I,;;�ia'• , �''`�`-`--
<br /> . • -: :... tha paymantx, . . • .', •::,�$i;:_
<br /> ` �'+ y�- � BOROK'er shali+ptvmpQy discharge any fien which f�s priarit}�o�er this Security Tnstrument untess Borroger.(a)agrees • �
<br /> .• -"�+1' ' � � in�wriBng�to�hm paytnent,a6tho obligat►an secured b�^VIi�:lirn in a m�ner acceptable to 4ender.(b1 contests in good faiih the '�::..=:_
<br /> .;;'r.,'- , lian by.a•defenddagttinst enforeemant af the lien in,l�:l pra�eedings which�in the Lcndct's opinion�aperare rnprevene the � � ��`
<br /> y�� • `_"-_�`� enfdt��mam�o6the Uttrw��x'tCl s,ecur�s from the holder nf the fien•an agrcemcro sati�Pactory ro Lendtr subard'-ur;ting the lien �:,�..._
<br /> .,, �.' �`fY;;�,;..• to�thi�Seiurity�lnstr:me� IP Lender dctermines�h;�a:iy pari,of��e Prnpeny is yubject ta a li�n whicb ma��-�ain priority . .
<br /> � �c�,�;-:�_�,. ove�c this Secarity lns�ment;�Le.ndar may give Borraaer a not[ra i�is�tifying Ihe lien. Borrower shnll satisf'y the lien mr�: .
<br /> � :��•;�`="=,'�:'`�'. ono cx motti of tho aCUOasset fAtth aaa�z within lO days of ih�oiving of noticc. . � ' . .
<br /> `° �`� -' � , '��` � S. Htizard or Property insuraece. Borrowes shal!keep the�mprovcments now cxititing dn c�rcaftcr erected on cli�
<br />� ,^:'��`" " � . Ptopcsty insurcd agttinse Qa�by fire.hazards inctude�«rthin tha tertn"extc�ded•ta��crrgc"and any uther hazards.includiag - �:
<br /> • � -" � ildods or�fluodidgt�fo��wfiloh�l.ender requires insurnn:�. This in�urancc shall�be muintairtcd in thr Amount�and for che 1;;,
<br /> �P•, . tAfn��18 9/90 Ipuzt'oJb pure�.a� � •' , , •
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